Apple $300 Target Unlikely as Shares Trade Near $260 in Jan.

Apple near $260 as AI partnerships lift prospects, but supply shortages and activist pressure likely delay a January push to $300

  • Apple shares traded near $260 in mid-January 2026, down about 4.1% for the month and below targets set by several analysts.
  • The stock closed at $259.96 on January 14 and sits beneath its 52-week high of $288.62 reached in December 2025.
  • Analyst targets range from $284 (one-year average) to $350, with price objectives of $300 from Robert W. Baird and Wells Fargo & Company, $315 from Morgan Stanley, and $350 from Dan Ives.
  • Strategic moves include a partnership with Google to integrate Gemini into Siri and the launch of Creator Studio at $12.99 per month, both aimed at boosting Services revenue.
  • Near-term headwinds—supply-chain material shortages and activist pressure over AI apps—make a January move to $300 unlikely; February–March appears more feasible.

In mid-January 2026, Apple shares were trading around $260 after opening the year at $271.01, reflecting a roughly 4.1% decline for the month and raising doubts about reaching $300 before January ends. The stock closed at $259.96 on January 14 and remains below its December 2025 52-week high of $288.62.

- Advertisement -

Thirty-seven analysts rate the stock a “Moderate Buy,” and the one-year average forecast sits at $284.07, according to MarketBeat. Individual price targets vary: Robert W. Baird and Wells Fargo & Company list $300, Morgan Stanley set $315 in late December 2025, and Dan Ives holds the highest target at $350.

“2026 is going to finally be the year that Apple actually enters the AI Revolution. The elephant in the room remains the invisible AI strategy, with the biggest consumer installed base in the world of 2.4 billion iOS devices and 1.5 billion iPhones, the time is now for Apple to accelerate its AI efforts.”

Ives’ $350 target implies about 35% upside and would raise the market value toward roughly $5.17 trillion from the current near-$3.82 trillion level. He and others say monetizing AI could add between $75 and $100 per share over time.

Recent strategic moves include a Google-Gemini integration into Siri and the launch of Creator Studio at $12.99 per month to expand Services revenue. Several firms, including Wedbush, J.P. Morgan, and Evercore ISI, reaffirmed bullish views after the Gemini partnership announcement.

- Advertisement -

Near-term risks cited include a shortage of high-grade glass cloth that could constrain device availability and activist pressure to remove X and Grok apps due to AI content concerns. Given these factors, analysts say testing $300 before January closes looks unlikely, with February–March a more probable window for renewed upside as supply and AI execution clarify.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Crypto groups slam FTC over Nomad ‘kill switch’ demand now!!

Nomad lost about $186 million in a 2022 bridge exploit and later recovered roughly...

Corvex Lands Nvidia H200 GPU Lease for Battery AI R&D to IPO

Corvex signed a long-term lease to deploy NVIDIA H200 GPUs for an AI-driven battery...

Kansas bill would create Bitcoin reserve from unclaimed prop

Kansas lawmakers introduced a state-managed Bitcoin and digital assets reserve funded through unclaimed property.The...

Capital One to Buy Brex for $5.15B; Cards Interest Boost now

Capital One will buy Brex for $5.15 billion in a deal set to close...

Sen. Lummis says CLARITY Act unites crypto, urges quick vote

Senator Cynthia Lummis says renewed alignment across the crypto industry has boosted momentum for...
- Advertisement -

Must Read

Ethereum Hosting: TOP 10 Companies to Buy Hosting With Ethereum

If you are looking for Ethereum Hosting, you've hit the jackpot. In this article, we will present the 10 Best companies to buy hosting...
🔥 #AD Get 20% OFF any new 12 month hosting plan from Hostinger. Click here!